Common use of Reorganisation Clause in Contracts

Reorganisation. The Purchaser agrees and undertakes not to (and shall cause the Target Company not to) dismiss or terminate the employment or services of any of the Target Company’s employees, temporary workers or consultants during a period of six (6) months after the Closing Date other than for serious cause, provided that the Seller complies with the terms and conditions of the CMO Contract.

Appears in 4 contracts

Samples: Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV), Share Purchase Agreement (TiGenix NV)

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